Chapter 2: Was Private Equity Actually a French Invention?
We usually think of the USA as the birthplace of modern finance. But when it comes to venture capital, the story has a very French twist.
History
Chapter 1: From Explorers to Entrepreneurs
We saw how Christopher Columbus was basically a 15th-century startup founder. But for private equity to become a real industry, something big had to change. We needed a shift from “kings and queens” to “partners and contracts.”
Chapter 1: Christopher Columbus Was the First VC
If you think venture capital is a modern invention from Silicon Valley, think again. It’s actually hundreds of years old. In fact, Cyril Demaria argues that Christopher Columbus was one of the first great venture capitalists.